Intuit (NASDAQ:INTU – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 19.160-19.360 for the period, compared to the consensus estimate of 19.150. The company issued revenue guidance of $18.2 billion-$18.3 billion, compared to the consensus revenue estimate of $18.2 billion. Intuit also updated its FY25 guidance to $19.16-19.36 EPS.
Intuit Price Performance
INTU stock opened at $619.85 on Friday. The business’s fifty day moving average price is $639.27 and its 200 day moving average price is $634.43. Intuit has a 12-month low of $473.56 and a 12-month high of $676.62. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $173.28 billion, a PE ratio of 57.18, a P/E/G ratio of 3.14 and a beta of 1.23.
Intuit (NASDAQ:INTU – Get Free Report) last issued its quarterly earnings results on Thursday, August 22nd. The software maker reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.14. Intuit had a net margin of 19.43% and a return on equity of 18.61%. The company had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.08 billion. During the same period in the prior year, the firm earned $0.40 earnings per share. The business’s revenue for the quarter was up 17.4% compared to the same quarter last year. On average, sell-side analysts anticipate that Intuit will post 11.72 EPS for the current year.
Intuit Increases Dividend
Analysts Set New Price Targets
Several research analysts recently commented on INTU shares. Jefferies Financial Group boosted their target price on Intuit from $770.00 to $790.00 and gave the stock a buy rating in a research note on Friday. Barclays lowered their price objective on Intuit from $745.00 to $740.00 and set an overweight rating for the company in a research report on Friday. Piper Sandler reaffirmed an overweight rating and issued a $768.00 target price (up previously from $760.00) on shares of Intuit in a report on Friday. BMO Capital Markets boosted their price target on shares of Intuit from $700.00 to $760.00 and gave the stock an outperform rating in a report on Friday. Finally, Erste Group Bank reissued a hold rating on shares of Intuit in a research report on Friday, June 14th. Six analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat.com, Intuit has a consensus rating of Moderate Buy and a consensus price target of $703.27.
View Our Latest Analysis on INTU
Insider Activity
In other news, insider Scott D. Cook sold 75,000 shares of Intuit stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of $597.85, for a total value of $44,838,750.00. Following the transaction, the insider now directly owns 6,791,469 shares of the company’s stock, valued at approximately $4,060,279,741.65. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Scott D. Cook sold 75,000 shares of the firm’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $597.85, for a total transaction of $44,838,750.00. Following the transaction, the insider now owns 6,791,469 shares of the company’s stock, valued at $4,060,279,741.65. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Mark P. Notarainni sold 465 shares of the company’s stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $604.58, for a total value of $281,129.70. Following the sale, the executive vice president now directly owns 869 shares of the company’s stock, valued at $525,380.02. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 195,963 shares of company stock valued at $114,442,445. 2.90% of the stock is currently owned by company insiders.
About Intuit
Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.
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